This article was originally published on 13 November 2023 by The Straits Times, and is based on GIC CEO Lim Chow Kiat’s opening remarks at GIC Insights 2023 in Singapore.
Recent events, including the tragedy in the Middle East, were a stark reminder that we continue to live in uncertain times. From geopolitical tensions to macroeconomic headwinds and ever frequent climate disasters, we are grappling with crises on multiple fronts.
Despite these volatile times, or because of them, long-term investors must double down on hope and opportunity.
Hope is not a strategy, but without it, few solutions would be possible. Similarly, opportunity is nothing without ability. They motivate us to unlock new horizons. I will briefly touch on three of these new frontiers.